Present Day Deflation Challenge

Difficult. Medieval times saw deflation quite often since the church used the donated silver money to make chalices and such from it, but since there's paper money around, the only danger is inflation, not the opposite. And let's not even talk about electronic money.
 
Difficult. Medieval times saw deflation quite often since the church used the donated silver money to make chalices and such from it, but since there's paper money around, the only danger is inflation, not the opposite. And let's not even talk about electronic money.
Thats why its a challenge. ;)
 
Difficult. Medieval times saw deflation quite often since the church used the donated silver money to make chalices and such from it, but since there's paper money around, the only danger is inflation, not the opposite. And let's not even talk about electronic money.
Well, Japan did suffer from deflation during the 90's and early 2000's. The challenge now is to make this worldwide. Maybe the current real estate boom goes bust?
 
Well, Japan did suffer from deflation during the 90's and early 2000's. The challenge now is to make this worldwide. Maybe the current real estate boom goes bust?

The Japanese deflationary crisis was indeed caused by a real estate crash. But the current U.S. housing market, even if it is as overvalued as some say, isn't really comparable to the Japanese bubble, which was based on absurdly overpriced Tokyo real estate. At one point just before the crash, it was said that the land under the Imperial Palace was worth more than all the land in the state of California! Current home values couldn't realistically plunge more than, say, 25%, depending on market, without some other major event.
 
Can it be done by dramatic drops in energy or raw materials prices? Frex (presuming earlier than OTL introduction, or ASB, take your pick:p), solar power satellites dropping the cost of power to pennies a megawatt? Or asteroid mining dropping the cost of a ton of steel closer to an OTL pound of zinc? Or, if you'd rather, ocean thermal conversion rigs doing much the same...
 
Can it be done by dramatic drops in energy or raw materials prices? Frex (presuming earlier than OTL introduction, or ASB, take your pick:p), solar power satellites dropping the cost of power to pennies a megawatt? Or asteroid mining dropping the cost of a ton of steel closer to an OTL pound of zinc? Or, if you'd rather, ocean thermal conversion rigs doing much the same...

Any particular reason why you keep bumping old threads? :rolleyes:
 
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